Samsung Electro-Mechanics Co Ltd

009150: XKRX (KOR)
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Semco Earnings: Solid Results Driven by Share Gain on Automotive MLCCs and FC-BGA

Revenue for Samsung Electro-Mechanics, or Semco, in the June quarter was up 7.9% from the previous year, driven by higher sales of multilayer ceramic capacitors, or MLCCs, and flip-chip ball grid arrays, or FC-BGAs. The operating margin of 7.6% was slightly below the 8.1% margin from a year ago.

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